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National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981 in the Public Sector, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE having integrated and diversified operations in mining, metal and power with sales turnover of Rs 7,933 crore in financial year 2016-17. Presently, Government of India holds 60.20% equity of NALCO. NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in India. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA Alumina Refinery located at Damanjodi in Koraput of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilises the facilities at Kolkata and Paradeep ports. The company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 11(eleven) stockyards at various locations in the Country to facilitate domestic marketing. The Company is low cost producer of metallurgical grade alumina in the World as per Wood McKenzie report. With sustained quality products, the Company’s export earnings accounted for about 46% of the sales turnover in the year 2016-17 and the Company was rated 2nd highest net export earning CPSE in 2015-16 as per Public Enterprise Survey report. Following a New All-Weather Business Model, NALCO has extensive plans for brown field and green field expansion projects, which include the ongoing 5th Stream Refinery Project of 1 MTPA capacity in existing Alumina Refinery at Damanjodi (Brownfield), development of Pottangi bauxite mines, Utkal D&E coal mines in Odisha, establishment of 6 lakh TPA greenfield and 5 lakh TPA brownfield Smelters in Odisha. The power for the proposed smelter expansions are envisaged to be supplied from the 2400 MW coal based power project in JV with NTPC.
1045
India
